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Sula Vineyards Ltd IPO Details, Upcoming IPO, IPO Alert

Sula Vineyards Ltd IPO Details, Upcoming IPO, IPO Alert


Category : ipo news

Sula Vineyards Ltd IPO Details:

Sula Vineyards Ltd. has announced public offering of 26900531 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 355.00 per share. The gross proceeds of the issue are expected to be Rs 96,034.90 lakhs.

The company's initial public offer (IPO) will open on 12 December 2022 and is expected to close on 14 December 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 340.00-357.00 per share.

The IPO includes a fresh Issue of 26900531 Equity Shares of the Company at an price of Rs 357.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 42 shares with bids in multiples of 42.

Sula Vineyards Ltd. anticipates using the proceeds of the issue for.

CLSA INDIA LTD, Kotak Mahindra Capital Company Limited, IIFL Securities Ltd. as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

If the Sula Vineyards Ltd is something that you’re looking to invest in come 12 December 2022, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.


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